Quote from: PrivacyG on February 18, 2022, 11:52:49 PM

Quote from: Sled on February 18, 2022, 11:45:29 PM

He was already a stock trader so I think it was easy for him to understand how Bitcoin investment works.

Telling them they have the possibility to buy Bitcoin on PayPal or Binance in 5 minutes is easy. I do not agree however that being a stock trader makes it easy to understand Bitcoin. I know enough people who can do stock trading but would not touch Cryptocurrencies.

Things get difficult because so many events affect Bitcoin's price in a certain way. You have to thoroughly read Bitcoin's whitepaper and understand the technology to know why Halving affects the price long term. It is not like the average stock trade where supply and demand or quarterly results of a company make the price change.

Bitcoin is hard to understand even for an experienced stock trader. Change my mind.

-
Regards,
PrivacyG

What he is saying is probably the existence of bitcoin, market volatility and how we will profit from investing in bitcoin. I don't think he's referring to the technology, how bitcoin works. The stock traders I know when they hear about bitcoin also quite easily grasp how to make a profit when investing in bitcoin, some are very excited and some are not very interested.